GBPJPY eyes breakout with 450 pip potentialGBPJPY is testing key resistance at 196.43 in an ascending triangle. A breakout could trigger a 450+ pip move. EURJPY and Dow Jones show similar setups, adding confluence.
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GBPJPY trade ideas
GJ-Mon-9/06/25 TDA-Daily resistance tapped 196.096Analysis done directly on the chart
Follow for more, possible live trades update!
Price tapped daily resistance 196.096 and
currently rejecting ahead of this week multiple
red news folders (UK claimant count change,
USD CPI, PPI).
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
gbpjpy sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPJPYGBP/JPY Sell Trade Setup – Technical Analysis
🔽 Entry Zone: 195.890 – 196.000
🔒 Stop Loss: 196.700 (Above recent resistance zone)
🎯 Target Levels:
195.00 – First Target (Minor support area)
194.00 – Second Target (Key price reaction zone)
193.00 – Final Target (Major support and potential bounce area)
GBP/JPY is showing signs of weakness near the psychological resistance around 196.00, with bearish price action suggesting a potential reversal. This level coincides with previous highs and a supply zone where sellers have previously stepped in.
A breakdown below 195.800 could confirm short-term bearish continuation, targeting deeper levels as momentum builds to the downside. The setup offers a favorable risk-to-reward ratio, with tight risk control above the resistance zone.
GBPJPY: Bullish As Long As 195 Hold As SupportI'm looking to buy GJ after a small retracement or breakout entry...
POI 195.2-195.4 which has a 50 and 62 fib confluence.
If no retracement, I will be looking for a breakout entry above 196.2
Let's wait and let the market come to us. Set those price alerts!
GBPJPY: Weekly OverviewHello Traders,
Everything is clear in the chart. the yellow line is a HTF resistance.
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The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones.
Some of these points can also be confirmed by the mathematical intervals of Murray.
You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confirmation and ETC.
SL could be placed below the zone or regarding the LTF swings.
TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels.
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Role of different zones:
GREEN: Just long trades allowed on them.
RED: Just Short trades allowed on them.
BLUE: both long and short trades allowed on them.
WHITE: No trades allowed on them! just use them as TP points
GBP/JPY - 8H Analysis - High Probability SetupGBP/JPY 8H Analysis – High Probability Trade Setup
This chart shows a classic 5-wave bullish Elliott Wave structure, with price currently breaking out of the wave (4) consolidation.
🔍 Bias: Bullish breakout continuation (Wave 5 in progress)
📌 Key Confluences:
Wave (4) respected both demand zone and trendline support.
Price has now cleared the Swing Range resistance, turning structure bullish.
Supported by the Ichimoku cloud base and a rising trendline.
Strong bullish volume picking up — confirms breakout strength.
🎯 Trade Idea:
Buy GBP/JPY at 195.50–195.90
Stop Loss: Below 192.50 (under swing low and cloud)
Take Profit: 200.00 – 202.00 (1:2+ RR to wave (5) target)
⚠️ Risk Note: Wait for a candle close above 196.00 for added confirmation if cautious. Ideal for momentum continuation traders.
This setup offers a textbook Elliott Wave 5 opportunity, backed by structure, volume, and breakout confirmation — a clean bullish trade with strong technical backing.
GBP JPY Entre point 195.200 Target 194600 stop loss 195.500Let's break it down:
- Entry Point: 195.200
- Target: 194.600 (60-point gain)
- Stop Loss: 195.500 (30-point risk)
You're expecting GBPJPY to decline from 195.200 to 194.600. Risk-reward ratio looks decent!
Potential reward: 60 points
Potential risk: 30 points
Let's see how it plays out! What's driving this bearish trend?
GBPJPY Rejection from Resistance – Bearish Continuation SetupPrice has rejected a key resistance zone around 194.30–194.50 after failing to break above. I’m looking for a short setup here, expecting price to respect this supply zone and move lower.
The 4H structure shows repeated rejection wicks and a break of minor trendline support. Entry is based on clean bearish structure with confluence from horizontal resistance and dynamic EMAs curling over.
Trade Setup:
• Bias: Short
• Entry: 194.25–194.35 (confirmed rejection)
• Stop: Above 194.70
• Target: 193.00 / 191.60
• R:R: Around 2–3R
This trade aligns with overall corrective market structure and potential yen strength. Will monitor price action during London/NY sessions for confirmation.
GBPJPY OUTLOOKWe saw price took a shift which validated a bull structure while gathering up liquidity. Now price is currently moving sideways which shows buyers are lagging. I see sellers coming in here once support gets broken. I will be hoping in for a sell after the breakout at the nearest order block.
GBPJPY LONG FORECAST Q2 W23 D3 Y25GBPJPY LONG FORECAST Q2 W23 D3 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Daily order block
✅15' order block
✅Intraday breaks of structure
✅4H 50 EMA rejection
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GJ-Tue-3/06/25 TDA-From htf outlook, GJ quite messy zoneAnalysis done directly on the chart
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More structure, more clarity, better trend identification.
On htf outlook, GJ is sitting in a complicated area.
Not a bad idea to risk low and preserve your capital with
this market condition and market positioning until more
clarity is shown.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBP/JPY Dips in Tokyo & London—What’s Next for Price Action?FenzoFx—GBP/JPY dipped from 194.6 during the Tokyo and London sessions, now trading around 193.1. Price is testing support near the May 27 low, ahead of the New York session.
A bounce from 193.0 could push GBP/JPY toward 193.5, with a bullish wave possible if price closes above that level, targeting 194.6. However, stabilizing below 193.0 would invalidate this outlook, with the next bearish target at 192.5.
Yen Strength Persists: GBP/JPY Faces Downward PressureGBPJPY is dropping in worth vs the Japanese Yen since the Federal Reserve in the US is expected to lower interest rates while the Bank of Japan might increase them. This increases the appeal of the yen for investors. One pound will get you 193.54 Yen today, having dropped as low as 193.44 earlier today. Experts expect this negative trend to persist as long as the price remains below 194.60.
With the Fed keeping higher rates (4.25%-4.5%) and hinting at a conservative approach to rate cuts given ongoing inflation, the Federal Reserve and the Bank of Japan are on opposite monetary policy directions. The BOJ has kept its policy rate much lower (0.5%), but hinted at possible tightening. Particularly in the USD/JPY pair, this separation has affected currency volatility, with possible yen appreciation should the BOJ turn hawkish or the Fed become more dovish. Key drivers for investor strategies are market expectations and economic data releases in both countries, however some experts argue that the impact of this difference may be less strong than in past cycles because of more general global economic conditions.
The GBP/JPY pair is trading below 55 and 200 EMA (Short-term) and above 365 EMA (long-term on the 1-hour chart, confirming a mixed trend. Any violation below 193.40 indicates the intraday trend is weak. A dip to 192.85/192/191.70/191 /190 is possible. Immediate resistance is at 194.30, a breach above this level targets of 194.60/195/196.50/.
Market Indicators (1- hour)
CCI (50)- Bearish
Directional movement index - Bearish
Trading Strategy: Sell on rallies
It Is good to sell on rallies around 194 with SL around 195 for a TP of 192.
GBPJPY Is Very Bullish! Long!
Please, check our technical outlook for GBPJPY.
Time Frame: 7h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 192.683.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 194.257 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GJ-Mon-2/06/25 TDA-GJ in ranging zone!Analysis done directly on the chart
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My idea is the higher time frame you trade,
the more fundamental analysis you need to be
good at to actually be consistently profitable
trader. And viceversa if you trade lower timeframe
it's more technical analysis but always keeping
in mind the higher timeframe picture, doing the
top down analysis and having the basic necessary
knowledge on fundamental analysis.
Tips for basic fundamental knowledge:
1) Use economic calendar ( I recommend
FXstreet calendar for macroeconomic events
and Financial Juicy for flash news, real live updates)
2) Stay up to date with global news, war, tariffs etc.
As these are key factors that will influence price
currencies.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y